Debenhams plans to raise £35m to drive turnaround and cut debt
Debenhams Group, which was renamed from Boohoo last year, said it has been preparing for an equity fundraiser to give the business extra liquidity. Co-founder Mahmud Kamani, group chief executive Dan Finley and non-executive director Iain McDonald are set to take part in the fundraise. It added that it is also in “advanced discussions” with…

